EFFECT OF FOREIGN INSTITUTIONAL INVESTOR ON STOCK MARKET BIBLIOGRAPHY OF UNCLASSIFIED LITERATURE
Journal: Asian Journal of Research (Vol.9, No. 9)Publication Date: 2017-09-09
Authors : Raja Mannar Budur;
Page : 3-42
Keywords : Impact of FII on stock market; Bibliography of unclassified literature;
Abstract
Foreign investment was introduced in 1991 under Foreign Exchange
Management Act (FEMA). This step was taken to add some source of capital formation in India as other developing economies were already in this practice. As a result inflow of Foreign Capital has become striking measure of economic development in both developed and developing countries Now the developing countries are witnessing changes in the composition of capital flows in their economies because of the expansion and integration of the world equity market. FDI and FII thus have become instruments of international economic integration and stimulation. The Indian stock markets are also experiencing this change. FDI & FII are becoming important source of finance in developing countries including India. It is widely assumed that FDI & FII along with some other external factors such as global economic cues, Exchange rate and Internal factors such as demand and supply, market capitalization, EPS generally drive and dictates the Indian stock market. The current paper makes a comprehensive accumulation of the available literature on the “Impact of FII on Stock Markets” as Bibliography of unclassified literature
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